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Silver prices declined during recent intraday trading, weighed down by persistent negative pressure. The metal continues to trade below its 50-day exponential moving average (EMA50), reinforcing bearish sentiment.
Technical indicators, including the Relative Strength Index (RSI), have dipped into oversold territory but are still signaling weakness.
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This has extended the dominant short-term sideways trend, with silver moving closer to support levels that may define its near-term trading range.
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